Economy and commerce

Amata plans Vietnam, Myanmar sites; eyes Laos.Amata Corp. of Thailand plans to develop industrial estates in cheaper neighboring countries along the Mekong River where it is betting manufacturing will pick up.Amata will begin development of two sites in Vietnam and one in Myanmar next year. ...

A number of strategic documents that orient long-term co-operation within the Asia-Pacific Economic Co-operation (APEC) region over the coming decades will be presented to the bloc’s ministers and leaders this week, according to Chair of 2017 APEC Senior Officials’ Meeting (SOM) Bùi Thanh Sơn.Keep reading ...

The 41st Southeast Asia Seminar of Economic Development in Laos and the GMS is being held at the Faculty of Economics and Business Management of the National University of Laos (NUOL) from November 2-7.The event is being attended by NUOL Vice President Associate Professor Dr Houngphet ...

Vietnam President Trần Đại Quang wrote an article entitled “APEC Vietnam 2017 – Fostering a shared future in a changing world” just ahead of the APEC 2017 Economic Leaders’ Week, which is taking place in the central city of Đà Nẵng, Vietnam, from November 6-11  Keep ...

[] US President Donald Trump’s government, after all, had pledged to deeply cut development aid to several developing countries, including Cambodia, even before recent political tensions mounted.But the US and EU remain Cambodia’s largest trading partners and possible economic sanctions on the Southeast Asian nation, which ...

Thailand’s PTT Global Chemical aims to generate sales of baht (Bt) 2bn-3bn ($60m-90m) from neighboring countries, Cambodia, Laos, Myanmar and Vietnam (CLMV), as it makes investments to boost the region’s plastics industry, the company’s president and CEO Supattanapong Punmeechaow told ICIS. Keep reading   ...

As China heads into its Party Congress next week, concerns have been surfacing over the past few months about the state of the world’s second-largest economy, which has implications not just for Beijing but also neighboring Southeast Asian states. The recent downgrading by Standard & Poor’s (S&P) ...

Investors remain unconvinced that the new Customs law will facilitate faster clearance of goods even as the Customs Department chief promised to be open to feedback from the business community. [] Thailand has been promoting trade and investment in CLMVT (Cambodia, Laos, Myanmar, Vietnam, Thailand) for ...

Mega First Corporation Bhd has secured  loan facilities totalling US$150mil or RM634.87mil to part finance the building of its Don Sahong hydropower project in Laos.It said on Tuesday its unit Mega First Investments (L) Ltd had entered into facility agreements with various financial institutions for club ...

ASEAN has come a long way since its founders signed the Bangkok Declaration half a century ago. Like any organic body, it has evolved and adapted to stay alive and relevant. The following is a broad summary of key transformations over the past five decades ...